Lee Jae-myung, the candidate of the opposition Democratic Party, has won the presidential election in South Korea. His main rival, Kim Moon-soo, of the People Power Party, has already conceded defeat and congratulated Lee Jae-myung.
In a statement, Kim said, “I respectfully accept the people’s verdict. I sincerely congratulate Lee Jae-myung on his victory.”
In his victory speech, Lee Jae-myung pledged to rebuild the country. “My government will work to restore the economy and establish lasting peace on the Korean Peninsula,” he said.
Lee Jae-myung took a strong stance against military rule during his election campaign. Many analysts say the election was effectively a referendum, a public reaction to the military coup attempt by former President Yun Seok-yol six months ago.
The people rejected Yun’s party in the election and brought the opposition party to power. Lee Jae-myung’s victory therefore created a new turning point in South Korean politics.
Lee Jae-myung’s political career has been surrounded by controversy. He lost the election three years ago, and he is currently facing multiple criminal charges.
However, in this campaign, he has been able to overcome the division of political ideology and unite people from different walks of life. According to many, he is the only one who can bring Korea back on the right track at this critical time.
The new President Lee faces several challenges in the international arena. In particular, he needs to negotiate with US President Donald Trump on Korean customs policy and security issues.
Although the US has deployed troops in South Korea in the face of North Korea’s nuclear threat, it is rumored that Washington is planning to withdraw some troops.
Lee has expressed doubts about the South Korea-US alliance in the past. Although he has taken a somewhat softer stance on the election campaign, he has taken a stance in favor of strengthening relations with China, which could complicate relations with Washington.
Source: Euro News